Wallstreet1928 Analysis & live calls on FTSE,DAX,S&P...aimed to help New traders

[wallstreet1928]

sp 500

bull flag formation

 

[wallstreet1928]

2nd target hit on oil ...S1

3rd target 50 MA

3rd profit target achieved on oil ..........all targets met on short side

50 MA on 60 min which coincides with 200 MA on 10 min

If any one is interested in my technique then please PM

I have taken time off work for next month and i intend to teach 3 people next month

there is 1 more slot available now

thank you

happy trading to all

 

[wallstreet1928]

SP500 will find support at 1028 in the interim, but wont last long

lo and behold market bounced off 1028

 

[Weighbridge]

dollar index...keep an eye on this trendline

it can cause liquidation in oil

i have been shorting oil all morning ............waiting for pull back before going short again

Nice call!

 

[wallstreet1928]

1035 resistance level on SP500

5017 resistance level on FTSE

 

[Chelski]

Short Cable 15916.
Stopped out BE.

 

[wallstreet1928]

FTSE latest 10 min chart


KEY level 4997

> 4997 .....target 5017

< 4997 ..... target 4956

target not hit on downside even though I was in 15 point profit and eventually closed for break even, but profit hit on upside chaps ....25 points profit

never get attached to one side of the market, thats the beauty of day trading folks....

in and out with no headache

BP break out signalled long position after FTSE short closed break even


plan your trade, trade your plan

 

[wallstreet1928]

1035 resistance level on SP500

5017 resistance level on FTSE

lo and behold SP500 market fails at 1035 .........

although FTSE slightly more stronger

 

[wallstreet1928]

I am short Nasdaq 1678 .....stop loss 1695

target 1661 , 1653

 

[SuddenDeath]

morning everyone

UK manufacturing data at 9.30

 

[Chelski]

Asscending Triangle on 15M Cable Chart.
Fake out before the news, almost to be expected!

 

[Geofract]

Morning

There's a clear range on CAD/JPY which could be a nice trade for AM range breakout rules. H4 trend is slightly unclear imho, but i am favouring the long side. I am happy to trade the a range break in either direction tbh (i.e. a short term short is fine by me), but also I'll be looking to buy on a fib retracement setup, anywhere around 82.70 ish (and lower) if price should get to that area.

 

[Manya1983]

FTSE Short 5070. 15 SL.

Resistance on the hourly, RSI hitting 70. Upper Bollinger and 200 MA lurking above.

 

[madoff]

Asscending Triangle on 15M Cable Chart.
Fake out before the news, almost to be expected!

yep, sucking in those longs. i was short at 1.604

 

[Da.DesiTrader]

Morning everyone. Looks like everyone's having fun lately

I am in Frankfurt, Short the EUR/GBP please

 

[Chelski]

yep, sucking in those longs. i was short at 1.604

i was considering it but it would have been 90% punt 10 % luck!
The risk upside was 30-35 pips depending on entry but it is not a set up i trade.

 

[madoff]

i was considering it but it would have been 90% punt 10 % luck!
The risk upside was 30-35 pips depending on entry but it is not a set up i trade.

this is a set-up I trade regularly. taking out an old high by 20 points.
1.5965 is support / resistance

 

[wallstreet1928]

Good morning all

can someone please quickly explain to me how you amend the data on IG index real time charts from line to candlesticks

 

[madoff]

Good morning all

can someone please quickly explain to me how you amend the data on IG index real time charts from line to candlesticks

if Advanced Charts, right click on grid on the Setting Price -> Style

 

[Manya1983]

FTSE Short 5070. 15 SL.

Resistance on the hourly, RSI hitting 70. Upper Bollinger and 200 MA lurking above.

Stopped.